Tag: Lending

Latvia: Most banks to get rebate on solidarity tax in 2025

Via BalticaOctober 1, 202501 mins

Most banks in Latvia will be eligible for rebates on so-called solidarity tax payments in 2025, according to the Bank of Latvia, LETA reports. The central bank noted that the growth of lending has been appreciably faster in 2025. Therefore, most banks will qualify for discounts on their solidarity contributions, amounting to 25-100%. The new…

Latvia: Government, banks review anti-money laundering measures

Via BalticaSeptember 9, 202401 mins

Latvia’s Financial Sector Development Board (FSAP), chaired by Prime Minister Evika Silina, reviewed the country’s anti-money laundering (AML) measures during a meeting on 5 September 2024, LSM reports. The Financial Intelligence Unit (FID) reported on Latvia’s progress in relation to the Council of Europe’s evaluation of the country’s AML efforts. The meeting also addressed concerns…

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Lending

Latvia: Most banks to get rebate on solidarity tax in 2025

Latvia: Government, banks review anti-money laundering measures